Report Latin America and the Caribbean - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 25, 2022

Latin America and the Caribbean - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Combined Refrigerator-Freezer Market 2022

Combined Refrigerator-Freezer Market Size in Latin America and the Caribbean

The Latin American combined refrigerator-freezer market stood at $X in 2021, almost unchanged from the previous year. Over the period under review, consumption showed a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Combined Refrigerator-Freezer Production in Latin America and the Caribbean

In value terms, combined refrigerator-freezer production reached $X in 2021 estimated in export price. Overall, production, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

Mexico (X units) constituted the country with the largest volume of combined refrigerator-freezer production, accounting for X% of total volume. Moreover, combined refrigerator-freezer production in Mexico exceeded the figures recorded by the second-largest producer, Brazil (X units), twofold.

From 2012 to 2021, the average annual growth rate of volume in Mexico totaled +X%. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and Colombia (-X% per year).

Combined Refrigerator-Freezer Exports

Exports in Latin America and the Caribbean

In 2021, exports of combined refrigerators-freezers in Latin America and the Caribbean skyrocketed to X units, surging by X% on 2020 figures. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, combined refrigerator-freezer exports surged to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico prevails in exports structure, reaching X units, which was near X% of total exports in 2021. It was distantly followed by Colombia (X units), comprising a X% share of total exports. Brazil (X units) took a relatively small share of total exports.

Exports from Mexico increased at an average annual rate of +X% from 2012 to 2021. At the same time, Colombia (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. While the share of Mexico (+X p.p.) and Colombia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest combined refrigerator-freezer supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Mexico totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (+X% per year) and Brazil (-X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2021, falling by -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the the export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+X%), while the other leaders experienced a decline in the export price figures.

Combined Refrigerator-Freezer Imports

Imports in Latin America and the Caribbean

In 2021, combined refrigerator-freezer imports in Latin America and the Caribbean soared to X units, growing by X% on 2020 figures. Total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2014 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, combined refrigerator-freezer imports skyrocketed to $X in 2021. Total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Chile (X units), distantly followed by Peru (X units), Colombia (X units), Brazil (X units), Guatemala (X units), Ecuador (X units) and the Dominican Republic (X units) were the major importers of combined refrigerators-freezers, together mixing up X% of total imports. The following importers - Mexico (X units), El Salvador (X units), Costa Rica (X units), Panama (X units), Bolivia (X units) and Uruguay (X units) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to combined refrigerator-freezer imports into Chile stood at +X%. At the same time, the Dominican Republic (+X%), Mexico (+X%), El Salvador (+X%), Guatemala (+X%), Colombia (+X%), Costa Rica (+X%), Peru (+X%), Ecuador (+X%), Brazil (+X%) and Bolivia (+X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. Panama and Uruguay experienced a relatively flat trend pattern. While the share of Chile (+X p.p.), the Dominican Republic (+X p.p.), Mexico (+X p.p.), Guatemala (+X p.p.) and El Salvador (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported combined refrigerators-freezers in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Peru ($X), with a X% share of total imports. It was followed by Colombia, with an X% share.

In Chile, combined refrigerator-freezer imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Peru (+X% per year) and Colombia (+X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2021, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a mild decrease. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Colombia ($X per unit), while Uruguay ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for combined refrigerators-freezers in LatAmerica and the Caribbean?
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The countries with the highest volumes of in 2021 were Brazil, Mexico and Chile, together comprising 74% of total consumption. These countries were followed by Colombia, Peru, Guatemala and Ecuador, which together accounted for a further 16%.
What are the largest producers of combined refrigerators-freezers in LatAmerica and the Caribbean?
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The country with the largest volume of combined refrigerator-freezer production was Mexico, comprising approx. 63% of total volume. Moreover, combined refrigerator-freezer production in Mexico exceeded the figures recorded by the second-largest producer, Brazil, twofold.
What are the leading exporters of combined refrigerators-freezers in LatAmerica and the Caribbean?
+
In value terms, Mexico remains the largest combined refrigerator-freezer supplier in Latin America and the Caribbean, comprising 95% of total exports. The second position in the ranking was held by Colombia, with a 3% share of total exports.
What are the leading importers of combined refrigerators-freezers in LatAmerica and the Caribbean?
+
In value terms, Chile constitutes the largest market for imported combined refrigerators-freezers in Latin America and the Caribbean, comprising 24% of total imports. The second position in the ranking was held by Peru, with a 10% share of total imports. It was followed by Colombia, with an 8.7% share.
What is the average export price for combined refrigerators-freezers in LatAmerica and the Caribbean?
+
The export price in Latin America and the Caribbean stood at $504 per unit in 2021, which is down by -2.3% against the previous year.
What is the average import price for combined refrigerators-freezers in LatAmerica and the Caribbean?
+
The import price in Latin America and the Caribbean stood at $298 per unit in 2021, growing by 7.2% against the previous year.

This report provides an in-depth analysis of the combined refrigerator-freezer market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 27511110 - Combined refrigerators-freezers, with separate external doors
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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